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Mar 20, 2013 7:30am EDT
by foreign media organizations. i think there are two main concerns. first, whether the chinese economy will continue to grow sustainably. and secondly, whether a stronger china will become more assertive, and even -- [inaudible] [speaking chinese] [speaking chinese] >> translator: i think these two concerns are really necessary. china is capable of achieving sustainable and a healthy economic development, in pursuing social progress. and that are more than 1.3 billion people in this country so we are on a long journey towards modernization. for that we would require an international environment of lasting peace. even if china becomes stronger, we will not seek edge me. because we have learned from our own experience in the modern period that one should not impose on others what he himself does not desire. this is an article of faith for us. [speaking chinese] [speaking chinese] [speaking chinese] >> translator: let me underscore here that china has an unwavering commitment to peaceful development. we also have an unshakable determination to safeguard our country's sovereignty and terri
Mar 13, 2013 7:30am EDT
. this is what he says. we are now in a position where the economy is not growing in the way it had been expected. and he goes on, we don't want to be japan with a decade of no growth. mr. speaker, when his own business secretary calls for them to change course, is he speaking for the government? >> let me tell him what is happening in the industrial production. we are now producing more motorcars in this country than we have at any time in our history. exports to all the key markets in terms of goods like india, china, russia, brazil are all increasing very rapidly. none of things things happen on a labour government in the trash our economy, racked up the debt and nearly bankrupted the courage. when it comes to capital spending i think we should spend more money on capital and that's why we're spending 10 billion more than the plans of the government of which he is a member. i think we should be using the strength of the government balance sheets to encourage private-sector capital, and that's why for the first time in its history the treasure is providing those guarantees. the fact is he read
Mar 15, 2013 6:00am EDT
of people enjoyed in our economy. we tend not to do that. the modified price increases we have now which is too tense of a percentage point slower on average per year, that's where we are now, then a third one to have are the modifications to reflect the ways people can shift what they bought over time, another three-tenths slower. finally, the price index for the elderly we have about two-tenths faster than the current modified and it puts us back about the same the growth in prices we would estimate as the cpi that we had back on automatic adjustments first went into place. let me to show you a little graph. this is in nominal dollars of what, over time from age 62, considering your retiring, what the benefits would look like under these different flavors of approach. the blue one at the highest is what we would have if we went to a real standard of living adjustment, and standard of living, cost-of-living, take a pic on which word you want to use. you would end up by age 82, 20 years from starting benefit, about 24% higher benefit level than our current cpi cola shows the improved to
Mar 19, 2013 6:00am EDT
of the lower costs, including economy, shift into medicaid, the number of patients, issues like that. and i would ask if questions are submitted by the members, that you respond properly as you have in the past. with that the subcommittee is adjourned. [inaudible conversations] >> the head of the federal finance agency will testify on housing issues, including government mortgage financing by fannie mae and freddie mac. live coverage starts at 10 a.m. on c-span3. later in the days ahead of immigration and customs enforcement testifies about the recent release of more than 2000 illegal immigrants from detention centers. lastly john morton testified the releases were done for budgetary reasons. live coverage begins with the house judiciary committee at 1 p.m. eastern also on c-span3. >> thirty-four years ago today, we began providing televised access to the everyday workings of congress and the federal government. the c-span networks created by america's cable companies in 1979 and brought to you as a public service by joerg television provider. >> next, former and current obama administratio
Search Results 0 to 3 of about 4